Press release on the Monetary Council’s meeting of 2 May 2011

At its meeting on 2 May 2011, the Monetary Council reviewed the latest economic and monetary developments. In accordance with its meeting calendar, the Council did not take a decision on the central bank base rate.

" The primary objective of the MNB shall be to achieve and maintain price stability. Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the financial intermediary system, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the economic policy of the government using the instruments at its disposal. "